💰 $LAB QUICK SCALPING SETUP
🔼 LONG
✳️ ENTRY: 13.35 – 12.80 – 12.30
🎯 TARGETS: 14.00, 15.00, 16, 17.00, 20.00
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 12.00
#LAB is showing exceptional momentum after a massive breakout, with price trading far above MA7, MA25, MA99, and MA200. The latest candle expansion confirms aggressive buying pressure, while MACD continues printing strong bullish momentum. However, RSI is deeply overheated, suggesting short-term pullbacks and volatility can occur at any moment.
The current move looks like a momentum-driven expansion phase. Chasing green candles after a 50%+ daily rally carries elevated risk, so waiting for intraday dips into the entry zone offers a much better risk-to-reward setup. As long as price remains above the $12 support region, bulls maintain full control of the trend.
For traders already in profit, consider securing partial gains at targets and letting the remaining position ride. If momentum continues and volume remains elevated, the psychological zones at $17 and $20 can become realistic magnets in the next expansion leg.
⚠️ This is a high-volatility scalp setup. Position sizing and strict stoploss discipline are essential.
🔼 LONG
✳️ ENTRY: 13.35 – 12.80 – 12.30
🎯 TARGETS: 14.00, 15.00, 16, 17.00, 20.00
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 12.00
#LAB is showing exceptional momentum after a massive breakout, with price trading far above MA7, MA25, MA99, and MA200. The latest candle expansion confirms aggressive buying pressure, while MACD continues printing strong bullish momentum. However, RSI is deeply overheated, suggesting short-term pullbacks and volatility can occur at any moment.
The current move looks like a momentum-driven expansion phase. Chasing green candles after a 50%+ daily rally carries elevated risk, so waiting for intraday dips into the entry zone offers a much better risk-to-reward setup. As long as price remains above the $12 support region, bulls maintain full control of the trend.
For traders already in profit, consider securing partial gains at targets and letting the remaining position ride. If momentum continues and volume remains elevated, the psychological zones at $17 and $20 can become realistic magnets in the next expansion leg.
⚠️ This is a high-volatility scalp setup. Position sizing and strict stoploss discipline are essential.
